SOURCE: Amico Games Corp.

April 06, 2010 09:00 ET

Amico Enjoys Smooth Growth in New Game Users in February 2010

SAN FRANCISCO, CA--(Marketwire - April 6, 2010) -  Amico Games Corp. (OTCBB: AMCG), an information technology company specializing in developing and operating mobile phone multiplayer networked games, today announces that the number of its total game registered users has reached 22,492,726 as of February 28, 2010; of which 898,209 were new registered users joining during the month of February.

According to statistics in Amico's database, the Company's registered users continuously grew in February 2010, as shown in the following chart:

Cellphone Game Names Game Type Registered User Number as of Newly Registered Users Growth Rate
January 31, 2010 February 28, 2010    
Miracle Journey to the West WAP* 16,373,697 17,027,554 653,857 3.99%
Fantasy Wulin WAP 3,210,987 3,414,207 203,220 6.33%
Journey to the West Online JAVA™** 2,009,833 2,050,965 41,132 2.05%
Total   21,594,517 22,492,726 898,209 992,578

*WAP, Wireless Application Protocol, a wireless communications environment for delivering web data to mobile handsets with minimal screen display.
**Java™, a software and technology environment that has been specifically designed by Sun Microsystem to enable the development of applications on mobile devices.

 "We are glad to observe a smooth new user growth in past several months, with increases of 898,209 new users in February and similarly 992,578 in January, 2010. We prefer to see this consistent growth to rapid spikes as it indicates that our game is a mature product recognized by users in the marketplace," stated Mr. Peter Liu, Amico's President and CEO. "Even if there is not much change or upgrades to our games, our users continue a stable growth trend. I believe that there will more users joining our games in the future with the implementation of our new R&D plans."

About Amico Games Corp.

Amico Games Corp. is a software company specializing in developing mobile phone games for the Chinese market. On December 31, 2009, Amico acquired Galaxy Software Limited is a Chinese private-owned company incorporated in November 2001. Galaxy is one of the earliest mobile phone multiplayer game developers in China, as well as one of the first Chinese company to develop and operate Java™ MMRPOG (massive multiplayer role playing online games) mobile phone games. It is also the first company to provide multiplayer games over the WAP platform of China Mobile, the world's largest mobile phone provider based upon subscribers. For more information, please visit the Amico's website at:
www.amicogames.com

Safe Harbor Statement:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Amico or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Amico's products, the competitive environment within the industry, the ability of Amico to continue to expand its operations, the level of costs incurred in connection with Amico's expansion efforts, economic conditions in the industry and the financial strength of Amico's customers and suppliers. Amico does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties. 

Contact Information

  • Contact
    Investor Relations Office
    Tel: 1-877-331-8777
    Email: info@amicogames.com

    201 Spear Street, Suite 1100
    San Francisco, CA 94105
    USA